Ten years after its establishment, Flash plans to go public in the United States.

According to the official website of the US Securities and Exchange Commission (SEC), on September 13th, BingExLimited (stock code: "FLX") submitted a prospectus to be listed on NASDAQ, with China International Finance Corporation, CLSA, Deutsche Bank and UBS Investment Bank as underwriters.

Since its commercial operation in 2014, as of June 30, 2024, Flash Transport has about 2.7 million registered riders, and its service coverage has expanded to 295 cities in China.

According to the data of the third party iResearch, according to the revenue in 2023, Flash Delivery is the largest independent express delivery service provider in China, with a market share of about 33.9%. According to the prospectus, unit economic benefit and replicable network are the core competitive advantages of Flash, which enables the company to continuously expand its scale and order volume and improve its profitability.

Xue Peng, the founder of Flash, is a veteran in the logistics industry. He has been the CEO since the establishment of the company and has been a director since May 2014. Before the establishment of Flash Delivery, China Express Logistics Integrated Service Platform Easy Post was established and developed. Yu Hongjian, co-founder, director and CEO of Flash, is Xue Peng’s old partner. He worked with Xue Peng for many years before he founded Flash.

According to the prospectus, before the IPO, Xue Peng held 22.7% equity and 74.6% voting rights; Yu Hongjian holds 1.6% equity and 0.5% voting rights. Among institutional shareholders, SIG, CDH Venture Capital and Shun Wei Capital hold 9.7%, 8.9% and 7.8% respectively. They have 3.2%, 2.9% and 2.6% voting rights respectively.　　

According to Tianyancha, Flash has gone through more than ten rounds of financing since its establishment ten years ago. The latest round of financing was completed in 2021. According to the prospectus, in March, April and May of 2021, Flash received 747.8 million yuan from the D-2 round of financing.

In 2023, it turned losses into profits, and the annual gross profit margin increased year by year, but it was less than 10%.

As a one-to-one express delivery platform in the instant delivery industry in the same city, Flash delivery is a pioneer in the instant delivery industry in the same city, providing various exclusive services for different types of delivery for customers, and the share of Flash delivery is the largest according to the revenue in 2023.　

Compared with other real-time delivery platforms, flash delivery once said that its biggest feature is focusing on "one-to-one express delivery", which means that a flash operator is responsible for the whole service process from picking up items from the sender to delivering them to the recipient, and a flash operator can only take one order at a time, and will not take other orders until the current order ends. For this reason, many users tend to choose more respectful exclusive services when faced with the delivery needs of important items such as gifts.

According to the prospectus, it is estimated that from 2023 to 2028, the independent on-demand express delivery market in China will grow at a compound annual growth rate of 27.8%, exceeding the compound annual growth rate of 19.1% of the overall on-demand delivery market in China. By 2028, the overall on-demand distribution market in China will increase to 809.6 billion yuan, and the independent on-demand express delivery market in China will increase to 53.237 billion yuan.

However, at present, the competition in the instant delivery industry in the same city is fierce, and SF Express in the same city, Meituan Delivery in the takeaway department and Dada Group in the e-commerce department are all accelerating to seize the market.

Dada Group (Nasdaq: DADA) was listed on NASDAQ Exchange on June 5, 2020. SF City (9699.HK) was listed on the Hong Kong Stock Exchange in December 2021. Among them, the "first instant retail share" Dada Group has not yet achieved profitability. As the largest third-party instant delivery service in China, Shunfeng Tongcheng started to exert its strength. In 2023, its revenue reached 12.4 billion yuan, an increase of over 20%, and it achieved full-year profit for the first time. In the first half of this year, the income was nearly 6.88 billion yuan, a year-on-year increase of 19.6%; The net profit attributable to the owners of the company reached a record high of about 62.17 million yuan, up 105.1% year-on-year. It is worth noting that after landing in the capital market, the share price of Dada Group has fallen by over 90% compared with the issue price, and the share price of Shunfeng City has fallen by over 30%.

The prospectus shows that the flash has achieved profitability in 2023. The increase in customer demand has promoted higher order volume, and the growing number of riders has enhanced network density and delivery capacity, which has brought about organic growth in customer base and order volume.

Specifically, in the past three years, the revenue of flash delivery was 3.04 billion yuan, 4.003 billion yuan and 4.529 billion yuan respectively, of which 2022 and 2023 increased by 31.6% and 13.1% respectively. In the first half of this year, the revenue from flash transmission was 2.285 billion yuan, a year-on-year increase of 7.6%.　

In the past three years, the net profit was-291 million yuan,-180 million yuan and 110.5 million yuan respectively, of which the year-on-year loss was reduced by 38.1% in 2022, and it turned losses into profits in 2023. In the first half of this year, the net profit was 123.7 million yuan, a year-on-year increase of nearly two times. In 2023, the net profit rate was 2.4% and the net loss rate was 4.5%. The net profit rate in the first half of this year was 5.4%, compared with 2% in the same period last year.　

The prospectus pointed out that the realization of profit in 2023 was mainly due to the increase in government subsidies determined by relevant government departments as appropriate.

In the past three years, the gross profit margin has increased year by year, 6.2%, 6.5% and 8.7% respectively. The gross profit margin in the first half of this year was 11.3%, compared with 8.6% in the same period last year.

The average charge for flash delivery is 16.5 yuan per order: the income is declining year by year, which is obviously higher than that of peers.

According to the prospectus, all the income from flash delivery comes from the fees charged for providing on-demand express delivery services to customers. Flash delivery provides a unified pricing model, and the floating rate of each order is calculated according to the formulas of city, delivery distance, package weight and volume, and night surcharge. If the supply is insufficient due to bad weather or other reasons, the "peak price" may be adopted.

According to reports, the flash network mainly recruits riders through crowdsourcing mode, most of them are crowdsourcing individuals, and a small number of them are recruited from outsourcing distribution agencies in a few cities. After back training, riders become flash riders. According to the prospectus, with high-value services and crowdsourcing mode, we can maintain the light asset business model, reduce fixed costs and maintain high scalability, and quickly enter more cities.

Specifically, the number of registered flash riders increased from about 1.1 million in early 2021 to about 2.7 million on June 30, 2024. The number of registered customers increased from about 31.1 million in early 2021 to about 88.9 million on June 30, 2024. In addition, the number of daily orders for each active rider increased from 7.2 orders in 2021 to 8 orders in 2022, and further increased to 8.8 orders in 2023 and 9.3 orders in the six months to June 30, 2024.

In the past three years, the number of flash orders was 158.6 million, 213.4 million and 270.7 million. In the first half of this year, 138.1 million orders were completed. The corresponding income is 3.04 billion yuan, 4.003 billion yuan, 4.529 billion yuan and 2.285 billion yuan respectively. Based on this calculation, the average income of a single order in the past three years and the first half of this year was 19.2 yuan, 18.8 yuan, 16.7 yuan and 16.5 yuan respectively, showing a downward trend year by year.

It is worth noting that the prospectus quoted the data of the third party iResearch, showing that within six months as of June 30, 2024, Flash delivery can charge a fee at an average price of 16.5 yuan per order, which is significantly higher than that charged by other major participants in the on-demand distribution industry.

However, in terms of risk factors, the prospectus mentioned that although Flash does not intend to compete with aggressive pricing policies that are not conducive to long-term growth, it cannot guarantee that it will not be forced to lower the delivery price of customers, increase the customer incentives we provide or increase our marketing and other expenses to attract and retain customers due to competition, supervision or other reasons, in order to cope with the competitive pressure.

In addition, the salary and reward paid to "Flash Ride" are the largest components of the income cost, accounting for 90.5%, 90.3% and 87.8% of the total income in the past three years, 85.4% in the first half of this year and 87.9% in the same period last year. According to the prospectus, this shows that even in the rapid expansion stage, flash delivery can maintain a stable cost structure in the same period.

As for the growth strategy, the prospectus points out that it plans to continue to expand market share, broaden service scope and application scenarios, strengthen market-leading brand image and invest in advanced and innovative technologies. According to the prospectus, the flash delivery plan improves the penetration rate of the existing market through differentiated distribution services. At present, flashover is still in the early stage of covering the target market, and the geographical coverage of flashover will be extended to more cities in China in the near future. In addition, it plans to use its highly scalable business to expand service products to cover more application scenarios.

　　Editor’s Note: The 5th world internet conference opened in Wuzhen, Zhejiang on November 7th, and the Supreme Leader of president sent a congratulatory letter. The Supreme Leader pointed out that today’s world is experiencing a broader and deeper scientific and technological revolution and industrial transformation.

　　Facing the changes and challenges of the global Internet, what kind of answer will China give? The world is looking forward to it..

　　In different historical stages of the development of human society, the social production network has been expanding, from one country to many countries, and from many countries to the final globalization. In this process, the social production network has become increasingly complicated in space, between industries and even within products. At the same time, the key content of production network exchange has gradually changed from agricultural products, industrial products and capital flow to data flow and information flow. Economic powers also show different industrial characteristics at different stages: agricultural power, industrial power, trade power and financial power. Under the background of the internet age, information flow and data flow are becoming new means of production, and at the same time, they are becoming more and more important contents of national security, and economic powers will increasingly rely on network powers.

　　The world today is experiencing an information revolution, which will bring another qualitative leap in productivity and have a profound impact on the development of international politics, economy, culture, society, ecology and military affairs. China must seize this historical opportunity, and use information flow to drive the flow of technology, capital, talents and materials to promote high-quality economic development. China has its own unique advantages in building a network power.

　　China has the advantage of market scale in building a network power.

　　The network has the characteristics of increasing marginal revenue. Every time a new user is added to the network, its scale revenue will be greater. China has a population of nearly 1.4 billion, and the existing Internet users and mobile phone users are huge. From children to the elderly, almost everyone can use smart phones. China’s population advantage is a huge supporting force for building a network power, which is an innate condition that many developed countries in the world do not have. There are world-class Internet companies like Ali and Tencent in China, which is inseparable from the huge domestic market in China. Making full use of population advantages and giving full play to the role of population base can make China’s network power construction get twice the result with half the effort and form a huge scale effect on economic development.

　　Today’s network era is already different from the traditional free Internet era, and innovations in content and form have spawned various profit models. The network era will not bury anyone’s talent, and every participant can use the network to create wealth. They are both creators and users of Internet services. Therefore, building an all-round cyberspace and expanding the coverage of network infrastructure can make China’s market scale advantage play to the greatest extent in the construction of a network power.

　　Building a strong network requires higher talents and infrastructure.

　　The characteristics of a network power are as follows: a country has strong technical strength, strong ability to resist network risks and network governance, which can achieve a high level of network efficiency as well as a high level of network security. No matter what stage of social development, talents and infrastructure are two important pillars of building an economic power. The innovation ability of the former depends on the national talent training and incentive system, while the latter depends on the government’s investment, supervision and maintenance of infrastructure. The construction of a network power still needs to rely on the construction of Internet talents and network infrastructure.

　　For a micro-enterprise, the Internet is first and foremost a technology-intensive industry, which cannot be supported by first-class technical talents. After more than 20 years of unremitting efforts, China has gained gratifying achievements and rich technical experience and professionals in the field of Internet technology. Since 2003, the number of related patents applied by China has increased by 10% year by year. Stimulated by market demand, a large number of college graduates flock to Internet enterprises after graduation, providing a large number of IT talents for the Internet industry. The younger talent team is more conducive to technological progress and innovation. In 2017, among the top ten Internet companies in the world ranked by market value, China’s Alibaba, Tencent, Baidu and JD.COM occupied four of them. China’s Internet practice and innovation is based on its own national conditions, permeating all aspects of people’s daily life, and basic production and life have been closely linked with intelligent networks. However, although the total resources of Internet science and technology talents in China are large, high-end technical talents are still scarce resources.

　　For a country, especially for a big country like China, the construction of a network power has put forward higher requirements for infrastructure. The infrastructure referred to by a network power includes not only telecommunications and Internet infrastructure construction in a narrow sense, but also the interaction between the network economy and the real economy. Network infrastructure also includes network basic theory and core technology, as well as related facilities related to network security. For example, information infrastructure network security protection, network security information co-ordination mechanism, means and platform. "To get rich, build roads first", and network infrastructure is the "highway" in today’s information age.

　　The essence of a network power is an information technology power. Network development is supported by technology, and the core technology is the biggest difficulty that restricts China’s construction into a network power. With the core technology, we can have a comparative advantage in technology, from following developed countries to completing "overtaking in corners". The birth of the core technology is to try it out through massive trial and error. This not only requires that the scientific research assessment mechanism should be inclusive and allow researchers to fail; But also put forward higher requirements for the financing mechanism, that is, the financing mechanism should also be inclusive and tolerant of repeated failures in technical research. Therefore, our scientific research assessment mechanism should be reformed, from short-term and high-frequency assessment to longer-term assessment, from quantitative assessment to quality assessment and peer reputation assessment. In addition, for the financing mechanism, it also requires the development of equity financing, the development of multi-level capital markets, and the change of the financing structure mainly relying on bank loans.

　　China’s construction of a network power is facing the problem of integration with the real economy

　　Undoubtedly, the development of the Internet has played a positive role in promoting economic development, but at the same time, new technologies will have an impact on traditional industries. This "creative destruction" of the network economy has also caused a certain degree of impact on the real economy. For example, the retail service industry tends to weaken under the impact of the Internet. We need to understand this contradiction from two aspects: on the one hand, like other new technologies and new production methods in history, network technology has improved the efficiency of information flow and production, and it is the "cake" of the whole economic output. The distribution problems arising in this process require the state to maintain basic social equity through taxation, subsidies and redistribution; On the other hand, the real economy and the Internet can achieve a benign interaction and achieve a win-win situation for both sides.

　　(The author is a researcher at the Institute of World Economics and Politics, Chinese Academy of Social Sciences, and director of the Economic Development Research Office, distinguished professor, City University of Macau)

In February this year, Guo Fucheng’s 90-year-old mother passed away. The family held a funeral for Guo’s mother in March. Guo Fucheng, his wife Fang Yuan, father-in-law and mother-in-law, and two daughters were all present. The family bid farewell to Guo’s mother. At that time, Guo Fucheng was also photographed crying silently, which was very sad.

However, Guo’s mother was 90 years old after all, and she died in her sleep at home. Xiao Mei, Guo Fucheng’s agent, said that this is a blessing, and relatives are comforted.

After Guo Fucheng completed the funeral, he sent a thank you letter, and then stayed at home with his wife and daughter to avoid the epidemic, which was not photographed by the media.

On March 25th, Guo Fucheng’s horse "Dancer Spirit" competed, and everyone was concerned about whether Chengcheng would bring his wife to the scene to watch the competition as before!

In the past, he would take his wife to watch the race and let Fang Yuan understand the knowledge of horse racing.

The two couples also tried to pull the horse together and were very happy.

In the evening, Guo Fucheng did arrive at the racecourse, but this time he did not see his wife Fang Yuan. This was the first time he had appeared in public after saying goodbye to his mother.

According to reports, Guo Fucheng joined the Jockey Club CEO Ying Jiabai and horse trainer Xiao Fang to enjoy the "dancer spirit" competition!

COVID-19 is raging, and Guo Fucheng has actually been paying attention. Hong Kong media said that he "banned" his wife and daughter from going out, and drove himself to the supermarket to shop and go home. He did not want his wife and daughter to "have an accident".

This night, in order to support his horses, Guo Fucheng still risked appearing at the racecourse to cheer for the sixth competition "Dancer Spirit".

Ying Jiabai, the CEO of the Jockey Club, noticed the appearance of the distinguished guest and immediately stepped forward to greet them. Both celebrities were wearing masks. In order to prevent the epidemic, they temporarily cancelled the handshake etiquette and replaced it with an elbow. The picture was a bit funny.

However, Ying Jiabai wanted to whisper to Guo Fucheng, during which he took the initiative to chat at close range. After Guo Fucheng heard what he said, his eyes immediately became sharp. I wonder if he received good news?

Xiao Fang also went to Guo Fucheng’s side to report the recent performance of the dancer’s spirit. If he won three consecutive victories, Guo Fucheng could take a group photo.

During this period, Guo Fucheng took out his mobile phone to look at it. I wonder if his wife urged him to go home?

However, it was a pity that the hot dancer spirit was eighth, and Guo Fucheng was a little disappointed and soon disappeared into the crowd.

Fan Bingbing

Wang Ji

Grid News(Photo/Qian Jia Yiwen/Wang Xiaojuan) On August 14, Zhang Ziyi’s first producer and starring film "Very Perfect" was released nationwide. Director Jin Yimeng and starring Fan Bingbing "Skipped" Zhang Ziyi appeared in Beijing and responded to the "ban" rumors for the first time. That night, actors Wang Ji, Li Xiaolu, Yan Kuan and other directors came to watch the film, and Zhao Baogang, Lu Chuan, Zhang Yibai and other directors also came to join in, which can be called the "director’s field" of "Very Perfect".

"Perfect.Director Jin Yimeng

Director Lu Chuan

Director Zhang Yibai

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Wang Ji, Jin Yimeng and Fan Bingbing

Wang Ji offered three "firsts"

At the press conference, director Jin Yimeng made an appearance with starring Fan Bingbing and Lin Xinru’s "boyfriends" in the film. Actor Wang Ji praised the director’s strength and revealed that she dedicated three precious "firsts" to director Yimeng, hoping to have the opportunity to cooperate again. Fan Bingbing praised the director as a beautiful woman director, and he is destined to cooperate with young beautiful women and handsome directors.

The director responded to the "ban" rumor for the first time

That night, director Jin Yimeng attended the press conference alone with star Fan Bingbing, but Zhang Ziyi, a film producer and star, did not attend. Recently, it was rumored on the Internet that Fan Bingbing was deleted from the Korean version of the poster because he was unhappy and did not want to cooperate with the promotion in Korea. It was further reported that Fan Bingbing and director Jin Yimeng were banned by Zhang Ziyi, so they did not attend the Korean promotion. In this regard, the reporter asked director Jin Yimeng, who said that Zhang Ziyi was a producer and did it himself, which was very difficult. Before seeing this film, the general audience may ignore the director, thinking that the director is not very important. For this arrangement of the early investors, Jin Yimeng said that as long as it is beneficial to the promotion of the film, if there is any need in the future, he will cooperate.

More wonderful pictures on the next page

??"The Most Beautiful Performance" exposed the visual poster of actor Di Lizheba on January 14. The hair rolled up reveals a slender swan neck, and a few strands of hair are scattered on the plain and white face. The eyebrows are green and the mountain eyes are cut, and the head is slightly tilted to look at you and smile. The poster of Di Lizheba is gentle and sweet, and it radiates the heartbeat of winter healing.

??2017In 2020, a costume fantasy drama "Three Lives Three Worlds Ten Miles Peach Blossom" went LIVE and set off countless heated discussions. The attention and discussion remained high, which also made Bai Fengjiu, a playful, cute and smart nine-tailed red fox, jump into the hearts of many audiences. Three years later, in 2020, Di Lizheba became Bai Fengjiu again in "Three Lives Three Worlds Pillow Book". From the body to the eyes, emotions to the atmosphere, Di Lizheba interpreted the love-hate entanglement and sadomasochism in the play vividly and unforgettable. In the urban workplace romance drama "Happiness is within reach!", which was broadcast in the same year, Di Lizheba turned into an independent and capable workplace elite – clothing designer, company partner Zhou Fang, domineering and bright characters showed his changeable posture and strong plasticity as an actor. Then successively filmed the historical legend of ancient costumes "Long Song Xing", the urban romance drama "You are my glory", whether it is the tough hot-blooded girl Li Changge, or the popular female star Qiao Jingjing, Di Lizheba can always play well between different roles, giving it unique vitality. Farewell to Gao Wen, who has a wide range of fans of "Carat Lovers", Di Lizheba continues to create more shining wonders on the actor’s road in the name of love.

??The past 2020 has been an unforgettable experience in everyone’s heart. Because of perseverance and bravery, we can move forward through difficulties and setbacks, and we can also welcome hope with laughter and tears. Towards the end of 2020, Sina Entertainment pays tribute to the brave "you" in all walks of life with "The Most Beautiful Performance". What stories about bravery will be brought by excellent actors and directors this time? Please wait for the main film to go online to see it! (Lin Yiwen/Wen)

Abstract:2017 Spring Festival Box OfficeNew highs,With a perfect finish of 3.336 billion yuan,An increase of 8% over last year. The number of moviegoers also reached 88.11 million, a slight increase over 2016. Among them, "Journey to the West to Fighting Demons" swallowed 1.153 billion yuan and became the box office champion of the Spring Festival. "Kung Fu Yoga" 872 million, "572 million" Havoc in Tianzhu "," Riding the Wind and Waves "412 million, ranked second to fourth in this year’s Spring Festival box office rankings.

1905Movie Network News 2017The Chinese Lunar Year of the Rooster has ushered in a good start for the mainland film market. According to preliminary statistics, from1month27New Year’s Eve2month2On the sixth day of the new year, the shadow market is swallowed in 7 days33.36100 million yuan, more than last year’s Spring Festival30.8The box office increased by 8.3 billion.%…33The figure of 100 million has once again broken the Spring Festival record, and there is no doubt that the Lunar Year of the Rooster has become the strongest Spring Festival record in history.

　

"Westward Journey to Fighting Demons",,, and five new films that opened on the first day of the new year have achieved quite bright results. They have respectively harvested 1.153 billion, 872 million, 572 million, 412 million and 297 million box office, leading the Spring Festival file. It is worth mentioning that since the fourth day of the new year, Jackie Chan’s "Kung Fu Yoga" has pulled down the biggest hit "Westward Journey to Fighting Demons" produced by Stephen Chow and directed by Tsui Hark, and has become the single-day box office champion for three consecutive days.

　

In addition, the cumulative box office of cartoons that opened on February 1 reached 10.02 million. Those that opened on January 27 performed poorly, and only received 13.52 million yuan in box office after 7 days of release.

　

"Journey to the West" broke the record of the first day of gold 1.10 billion, but the explosion was counterattacked by "Kung Fu Yoga"

　

Following last year, Zhou Xingchi, Guo Zijian directed, Zhou Xingchi supervised the film "Westward Journey to Fighting Demons" this Spring Festival and came out on top, the first day of the new year to attract money 353 million (including zero single-day box office for 365 million), broke the dust for two years, by April 2015 set a box office record of 345 million yuan (the film contains zero single-day box office for 398 million), sitting on the throne of the first-day box office champion in our country’s film history. At the same time, "Westward Journey to Fighting Demons" also defeated "Mermaid" and became our country’s fastest breaking 200 million and fastest breaking 300 million movie. Ultimately, the film was swallowed 1.153 billion yuan at the box office during the Spring Festival.

　

"Journey to the West" no suspense to lead the Spring Festival file, but surprisingly, the film box office has been declining, from the first to the sixth day of the new year, "Journey to the West" were reported 353 million, 215 million, 179 million, 145 million, 130 million and 116 million. The previously less optimistic action comedy film "Kung Fu Yoga" has been making great progress, in the Spring Festival holiday respectively 137 million, 126 million, 141 million, 148 million, 160 million and 153 million, the box office not only rose steadily, but also from January 31st on the fourth day of the new year, for three consecutive days to surpass "Journey to the West", the sudden counterattack became the single-day box office champion, leading the second half of the Spring Festival file.

　

In the end, "Kung Fu Yoga" reached 872 million yuan in the six days of the Spring Festival, 280 million behind "Journey to the West" and ranked second in the Spring Festival box office. However, on the first day of work after the Spring Festival on February 3, "Kung Fu Yoga" still received 25% of the pre-arranged films, and "Journey to the West" won the first place in the row. The follow-up box office of "Kung Fu Yoga" also continued to rise.

　

Four films kept pace and led the Spring Festival file "Havoc in Tianzhu" fell all the way, and the reputation of "Riding the Wind and Waves" rose

　

In addition to "Journey to the West to Fighting Demons", Wang Baoqiang’s directorial debut "Havoc in Tianzhu" can be said to be the most concerned film during the Spring Festival, but after the film was released, word-of-mouth hit the street, resulting in a high box office opening and low box office. 187 million, 114 million, 88.843 million, 67.723 million, 58.214 million, 49.773 million yuan, the box office trend of "Havoc in Tianzhu" from January 28 to February 2 is obviously insufficient stamina. From the second day of the new year, "Havoc in Tianzhu" was surpassed by "Kung Fu Yoga", and on the fourth day of the new year, it was pressed by Han Han’s second big screen work "Riding the Wind and Waves". From the third to the sixth day of the new year, the single-day box office was less than 100 million yuan, and the film also fell from the runner-up in the single-day

　

The most controversial film in the Spring Festival is "Riding the Wind and Breaking the Waves". This time, Han Han once again challenged the big screen, but he did not expect to bear the charges of "straight male cancer", "giant baby" and other values. The film was also boycotted by Xu Jiao and other star companies on Weibo. At the beginning of its release, the film did not perform well. It only received 67.66 million yuan at the box office on the day of its opening, which is far from "Journey to the West", "Havoc in Tianzhu", and "Kung Fu Yoga". However, with the word-of-mouth fermentation of "Riding the Wind and Breaking the Waves", the film has also been affirmed by the audience. Since the third day of the new year, the box office has been growing all the way, and "Riding the Wind and Breaking the Waves" has also harvested 412 million yuan at the box office in

　

Last year’s Spring Festival file, "Mermaid" was a big one, followed by, forming a triangular pattern. This year’s Spring Festival file did not have an absolute explosion, but formed a situation where the four films of "Journey to the West", "Kung Fu Yoga", "Havoc in Tianzhu" and "Riding the Wind and Waves" were neck and neck. The four films also joined forces to cut off 3.006 billion box office in the Spring Festival file, accounting for 90% of the total box office of this year’s Spring Festival file.

　

In addition, also on the first day of the new year, the cartoon "Bear Haunted · Fantasy Space" has accumulated box office 297 million during the Spring Festival. In order to avoid blockbusters, the "released one day in advance" has only received 13.53 million yuan at the box office as of February 2, and the results are quite dismal. The animated film "", which opened on February 1, received 10.02 million in two days.

　

The Spring Festival file has grown for ten consecutive years, and the Year of the Rooster has set a new record. On the first day of the new year in 2017, the box office broke the 800 million mark

As soon as the Lunar Year of the Rooster opened in 2017, the Chinese film market ushered in a good start. On January 28, the first day of the new year created a new record for the single-day box office in our country’s film history. On the same day, the market reported 803 million, which was 160 million yuan higher than the single-day box office of 646 million yuan on the first day of the new year last year, an increase of 24%. The New Year’s Spring Festival has always been a lucky day for our country’s box office, and has been growing rapidly for more than 5 years. In 2012, our country’s single-day box office during the Spring Festival was only 61 million. On the first day of the new year in 2013, the single-day box office during the Spring Festival broke through the billion yuan mark for the first time. In just 5 years, to the 2017 Lunar Year of the Rooster, the single-day box office during the

　

In addition to the super high box office on the first day of the new year, the box office trend from the second to the sixth day of the new year is also relatively stable, maintaining a single day at around 500 million yuan, which will also bring the total box office of the Spring Festival file this year (January 27-February 2) to a high point of 3.33 billion yuan, an increase of 8.3% over last year. In 2008, our country’s total box office of the Spring Festival file broke through 100 million for the first time. At that time, there were only 115 million, which was not enough for the single-day box office of "Journey to the West". In 2014, our country’s Spring Festival file broke out, soaring 81%. The box office of the Spring Festival file also broke through the 1 billion yuan mark for the first time, reaching a historic 1.466 billion. Two years later, the box office of the Spring Festival file has jumped from 1.82 billion to 3.08 billion last year.

　

Up to now, our country’s Spring Festival box office has increased for ten consecutive years. During this decade, the total box office of the Spring Festival file has increased by 28 times, which is quite impressive. This year, the Spring Festival file has reached a new level, and the box office has exceeded 3.33 billion in 7 days. There is no doubt that 2017 has also become the strongest Spring Festival file in our country’s film history.

　　His name is Lu Jichun, a 51-year-old food delivery rider from Hangzhou, Hunan Province. He has no father, mother, wife and children, and only delivers food in Hangzhou with three nephews. Late last month, he had an accident while delivering food, which caused brain death.

　　At the last moment, relatives made a difficult decision to donate all his "life-saving organs" – heart, liver, and kidneys. His life began to continue in the four strangers.

　　The operating room suddenly quieted down, leaving only the dripping sound of the vital signs monitor. The shadowless lamp illuminated the 51-year-old Lu Jichun’s face, which was dark, rough, and had obvious color differences on his body, which were traces of sunlight and wind and frost. He lay quietly, as if he was rushing to finish a day of takeout and needed a long rest.

　　This is the final story of his life, and we have recorded them one by one.

　　Last Goodbye

　　Healthcare workers stood in two lines, bowing their heads in silence.

　　"Time of death, [August 7] 8:56," Hu Yinghong, director of the Department of Brain Critical Care Medicine of the Second Zhejiang Medical Hospital, announced.

　　The fresh and warm hope will replace Lu Jichun in a race against time. The cornea is moved into the eye bank, and then, in a few hours, his organs flow to four patients in the next operating rooms –

　　A 61-year-old uremic patient was found to have elevated creatinine for 6 years and hemodialysis for 2 years.

　　A patient with renal insufficiency who started dialysis in November last year was only 32 years old.

　　A 52-year-old aunt, hepatitis B cirrhosis for more than ten years, ascites, lower limb edema made her miserable;

　　A 61-year-old aunt, whose family had planned to give up a heart transplant, finally decided to take a gamble at 9 p.m. on the 6th. "Otherwise, my mother would only have a few months to live," her daughter said in tears.

　　Before being pushed into the operating room, on the morning of the 7th, less than 8 o’clock, more than 20 relatives came to bid farewell to Lu Jichun. There were only a few minutes left to meet. Some people leaned against Lu Jichun’s bed and sobbed; some people called Lao Lu’s name softly, as if exhorting or confiding. A few juniors gathered outside the ward to comfort the elderly.

　　On the afternoon of the 7th, Lu Jichun’s body was cremated at the Hangzhou Funeral Home. At midnight yesterday, the spirit car carried his ashes and rushed to his hometown, Pingcha Town, Hunan, thousands of miles away.

　　The Gift of Life

　　On the evening of July 23, during the evening rush hour, Lu Jichun, who was driving westward on an electric bicycle and rushing to deliver flowers and egg buns, suddenly fell alone on the east motorway at the intersection of Wenyi West Road and Gudun Road, causing severe craniocerebral injury.

　　In addition to three nephews and nieces who delivered food in Hangzhou like Lu Jichun, more than 20 relatives came from their hometown in Hunan and other places. The Lu family consulted brain surgeons in several hospitals, and the final results were disappointing. They visited Lu Jichun every day, talked to him, touched him, "Why did this happen to you?" Tears fell on his arm.

　　From the doctor’s mouth, the family members were persuaded to donate organs. This term, which had been heard before, suddenly came like the bad news of Lu Jichun’s death.

　　Generally speaking, brain-dead patients have higher organ quality than heart-dead patients. This is a gift of life, said Ling Hui, the organ donation coordinator of the International Committee of the Red Cross in Zhejiang Province and the organ tissue acquisition office of the Second Zhejiang Medical Hospital. Subconsciously, the sisters’ hearts skipped a beat. They didn’t want Lu Jichun to suffer more on his last journey.

　　In 2018, China’s organ donation rate of one million people reached 6.8%. This figure is already 226 times higher than in 2010, but it is still in short supply due to technical barriers, traditional concepts, and talent gaps. In the popular sense, people think that donation means lofty; but to some extent, lofty is also a "NIMBY effect": people will praise and respect in their mouth, but make a dash in their heart – it is best for others to complete this lofty. In Ling Hui’s past experience, failure and cold eyes are the norm.

　　Relatives’ decision

　　Lu Jichun’s life was re-examined on the scales. At the age of 51, he had experienced the loss of his father and mother, and he had not even been able to have a marriage and was alone. Because of the short age and long loneliness, it made people feel even more unwilling and worthless at this moment.

　　How does an ordinary person prove that he has lived in the world? Very few people will write books and praise ordinary people. What ordinary people leave behind in the end may be a tombstone, a child, and some photos. Obviously, their names will eventually be erased, and it is very difficult to fight against oblivion.

　　Organ and tissue donation, for now, looks like the best continuation, "as if his eyes are still blinking and his heart is still beating," said Lu Suzhen, the fourth sister, even if she doesn’t know who it is or where she lives.

　　Behind the recipient was a family. The family thought that, to some extent, those families were like Lu Jichun’s "family". Those healthy bodies would replace him and give him the warmth he had never had before.

　　As expected, his niece Chen Xiaodi, who was closest to him, cried the most. Someone said at the top of his voice, "Uncle is dead, can’t you let him be selfish?!"

　　"If he was still sober and knew that his organs could save people, he would have made the same decision," Ms. Lu said, as a family with the same feelings but the opposite ideas reached a hard-won consensus on organ donation.

　　Chen Xiaodi finally said with a hard heart, you decide, I neither support nor oppose it.

　　Ling Hui explained the process, she hid in the next room and couldn’t come out. Vaguely heard inside, Lu Suzhen asked in a trembling voice, "After you take the organs, can you sew them better?" Ling Hui quickly said, "No problem, we will return him to you cleanly."

　　Hu Yinghong said that after a patient’s brain death, if the heart, kidneys, liver, cornea and other organs and tissues are well maintained, the patient and his family can donate organs for transplantation if they are completely voluntary. When the life cycle switches, when healthcare workers bow in silence in front of Lu Jichun’s body, next door, the red light is on "during the operation", the recipient enters the state of anesthesia, and everything is ready.

　　Just as Lu Jichun ran hard for a takeout to be delivered on time, doctors are also people who race against time. There is no obvious watershed between the height of life and the intensity of life.

　　Just like a river hugging another river, one life died, but soon flowed to four other lives. They will replace Lu Jichun and live well.

　　The last takeaway order that was not delivered

　　Another ordinary, non-stop weekday evening peak. On July 23rd, the solar term was hot, and in the evening, the road surface vented the last power of the high temperature, and the sunset and street lamps gradually released brilliance. The takeaway order showed that at 17:33, Lu Jichun clicked on the meal and set off from Luojiazhuang. He was holding a bouquet of flowers for 78 yuan, with bright red roses and snow-white lilies; another egg-packed rice for 40.8 yuan was golden and hot.

　　Four minutes later, Lu Jichun, who was riding an electric bicycle to the west, suddenly fell alone in the east motorway at the intersection of Wenyi West Road and Gudun Road, causing severe craniocerebral injury.

　　He failed to deliver the last takeaway order.

　　This was originally a rushed and ordinary day for him.

　　On July 23rd, in a rented house in Chengzhong Village, west of the city, around 2 am, in the dim, Sun Chen, who was sleeping on the bottom bunk, heard that his uncle was back. Next, the water boiled; the tin foil of the packaging bags and material bags was torn open; the tempting smell of essence and taste nucleotide disodium rose in the air, and Lu Jichun sucked instant noodles.

　　"How was the order today?" Sun Chen asked. Uncle reported a figure of nearly 40. This is not surprising. 38 orders a day – 40 orders, which is the target set by Lu Jichun for himself.

　　Different riders had different levels, from bronze to king, and the level in the game determined the real income of the riders. The level was updated every week, and the only way to improve was to keep receiving orders, plus 1 point for each order, while the knight of the king needed to complete nearly 400 orders within a week. In sharp contrast to the only bonus points, there were various points reduction rules: 3 points for overtime delivery, 5 points for bad reviews, 10 points for cancellation of delivery…

　　Lu Jichun usually left the house at 10 a.m. and stayed busy until one or two in the morning. He had also delivered breakfast, but his body was quickly overwhelmed. During a break before the evening rush hour, he would find time to go home and stir-fry a dish, usually chili fried meat, dig up a large spoonful of hot sauce, and spread out some for the early morning "dinner", and then replace the car with a new battery.

　　The food delivery industry seems to embrace everyone. It doesn’t ask about academic qualifications, gender, just a battery car, a health certificate. It also seems to be a passport to the city. It also means more freedom and income than industrial assembly lines.

　　Lu Jichun’s niece, Chen Xiaodi, first came to Hangzhou to study sewing. At the peak of the afternoon, she also ran takeout to earn extra money. At the beginning of the year, Sun Chen, who was running takeout in Fujian, came to Hangzhou and rented with his uncle. Together with his nephew Chen Yang in Hangzhou, a "takeaway family" of four people was formed.

　　According to platform data, 85% of riders in Hangzhou are from rural areas; 7% of riders are women, many of whom are the backbone of a family.

　　The average age of this group is 29 years old. (Reporter, Huang Xiaoxing, Yu Renfei, Correspondent, Fang Xuwen/Photo)

　　(At the request of the interviewee, except for Lu Jichun and healthcare workers, the family members are all pseudonyms; some privacy information is blurred)

1905 movie network feature From 2012 to 2022, the director made five films in ten years. He was the most satisfied, the most frustrated, and the most unforgettable collaboration. Jackie Chan’s "hard work" in the action drama made him feel the power of love, which is still unforgettable.

In the same decade, movie fan Jin Long Zhe made an important life decision – to give up his stable job in his hometown and go to Beijing alone. He lived in a 5-square-meter rental house, and his material life was not rich, but as long as he stepped into the theater and saw the changes on the screen, the spiritual world would have its own light.

Since October 5th, the movie channel has launched a special series of documentary reports on "This Decade, Our Film Life". In this episode, we will talk to director Ding Sheng and fan Jin Longzhe to listen to their understanding and love for movies.

Director Ding Sheng

I have made five films in ten years, and I am most satisfied with "Rescue Mr. Wu".

When he was young, Ding Sheng cherished every opportunity to watch movies. He was especially obsessed with action movies and the impact they brought, which he remembered very clearly. Later, from watching movies to making movies, he has been deeply involved in the field of police and bandit action movies in the past ten years.

Of the five films he has made, "Police Story 2013" and "Rescue Mr. Wu" all belong to this genre. He said that he is unwilling to do repeated things, and he likes challenges every time he creates. Challenge success, not arrogant or impatient. Challenge failure, face it calmly.

Before the filming of "Free Mr. Wu" began, Ding Sheng made a bold decision – not to draw split scenes throughout the film, leaving enough room for the main actors to play. The "famous scene" of the film, when the kidnappers forced him to say key information, the kidnappers used wires to strangle him and made him blush, which was the result of the actors improvising.

The script originally did not intend to use wires as props. During the rehearsal, Andy Lau took the initiative to suggest that he was not emotional enough, and it was best to find something to restrain him and keep his face red. So the prop team found a wire at the scene.

The actor who was originally responsible for the scene with Andy Lau was a huge fan of his. Suddenly he was asked to restrain his idol with a wire, but he couldn’t do it. In the first scene of the scene, Andy Lau was very dissatisfied. Later, another actor finally "hit him hard". In a 10-minute long shot, there were two or three minutes in the middle, and Andy Lau’s neck was strangled all the time, the arteries on both sides were stuck, and his face was suddenly swollen.

There was a close-up machine at the scene, which could capture the bloodshot in his eyes. At that time, Ding Sheng wanted to stop, but he was reluctant to give up the actor’s emotions. He still remembered that Andy Lau’s bodyguards kept filming him from behind, meaning, "The director is almost done, so you can’t play like this."

"Free Mr. Wu" has gathered a lot of effort from Ding Sheng, who wrote and directed it himself and was responsible for editing the whole process. Later, the film performed well at major award ceremonies, and Ding Sheng won the Golden Rooster Award for "Best Editing" for this film. "Free Mr. Wu" has become his most satisfactory creation in the past ten years.

Instead, "The True Colors of Heroes 2018," a work he considered to be less successful, was launched without much thought. During filming, he could already feel that "this movie will leave a lot of regrets. I may not have any attempts to remake it in the next ten years."

It has been three years since the release of the last work "SWAT Team", and Ding Sheng has not made a movie for a long time. According to him, the script of "Tough Guy 3" has been written, waiting for an opportunity to start.

In the days when he was not filming, Ding Sheng was a film teacher and was in charge of teaching the second grade at his alma mater, Beijing Film Academy. He always liked to emphasize to his students that making movies requires talent first, and more important than talent is hard work, and more important than hard work is love.

He often uses Jackie Chan as a positive example to share. In "Police Story 2013," Jackie Chan is trapped in a closed cabin and is tied to a large iron chair by the gangster he plays. At that time, the crew thought of many ways to tie it. After seeking fresh effects, Jackie Chan finally suggested that he tie him to the chair with thick wire, and he tried to twist his wrist to break free.

During the filming process, Jackie Chan twisted his wrist again and again, and twisted his skin. The assistant director cried directly from the side. But Jackie Chan still insisted on continuing to shoot in order to keep the scene, rather than dealing with the injury immediately. Ding Sheng has worked with Jackie Chan on three films before and after. He commented that the other party is a gift from God to the film, and Jackie Chan’s love for movies is sincere from the heart.

Looking back on the past ten years, he summed up that "more regrets than successes", but this did not prevent him from persisting in film. He insisted on continuing to challenge problems in this field and enjoying the creative process. Ding Sheng will persevere in his film path and welcome the next decade.

Fan Jin Long Zhe

Collect thousands of ticket stubs, watch movies above all else

Before you know it, Jin Longzhe has been in Beijing for almost a decade. He has never been to the Forbidden City or the Great Wall, but he is as familiar with the China Film Archive as he is at home. As a regular visitor to the film archive, he is also a freelance writer. He likes to stay in the cinema, and his stay is a whole day. At most, he can watch six or seven movies a day, and the annual reading volume is at least 400 +.

About ten years ago, Jin Longzhe was a "young boy" who had just graduated from college. He was introduced to a stable job in his hometown with a good salary, as if it was tailor-made for him. But at the last moment of joining the job, he rejected HR on the grounds that he "wanted to do a job related to movies."

Then he set off on his own journey to the north, interviewing for 40 jobs and finding 20 houses. For a long time, he lived in a room of only 5 square meters. "I don’t feel unhappy. Every time I come back to the small room after watching a movie from the library, I am very happy." Jin Long Zhe said that he likes the moment when the lights are dim and the screen is on. Movies are part of his life.

In order to watch movies, he can choose to leave his hometown, spend most of his work savings on running film festivals and buying movie tickets, and even give up his job for it at one point. Jin Long Zhe mentioned that when he encounters a film festival with a long cycle, if there is a conflict with his working hours, he will choose to quit his job and go to the film festival without hesitation, and then re-employment later.

This kind of behavior will be considered incomprehensible by many people, but in his opinion, if you miss the screening of the film, you may not have the opportunity to see the film again on the big screen for five or ten years. He always felt that "watching movies is above all else."

On one trip to Hong Kong, he only stayed for 17 hours in total. But on the way, he clocked in seven or eight movie locations. He remembered a scene shot at the Canary Restaurant, so he went to the Canary Restaurant for a meal. "To be able to find the filming location of my favorite movie, to be able to stand there in person, it was like walking into a movie. It was a very wonderful, magical and happy thing," Jin Long Zhe recalled. "Maybe this is the state of daydreaming!"

After watching the movie, Jin Long Zhe has the habit of collecting ticket stubs.

Since the beginning, thousands of movie tickets have been saved. The ticket stub is of great significance to him. "It’s a record of watching the movie, and it’s a precious thing. Because it’s basically not reproducible, you can’t copy the ticket stub of the movie on the same day and the same show."

He loved movies for ten years and read countless movies. Jin Long Zhe said bluntly, if he knew himself ten years ago, "I believe he would feel very gratified, let movies occupy the vast majority of his life, and feel very fulfilled and rich…"

As the large-screen version of the P8, Huawei today announced the retail price of the P8Max market, the high-end version (3 + 64G) is 3788 yuan, and it will be officially launched on June 26. It is reported that according to Huawei’s end point strategic plan, it is hoped that the P8 and P8Max will continue the previous hot sales of P7 and Mate7, and open up the high-end market.

A number of market research institutions, including IDC, GFK, Kantar Worldpanel ComTech, and others, have released similar surveys, showing that most consumers prioritize screen size, and the larger the screen size, the better. GfK forecasts that large-screen smartphones above 5.1 inches will become the mainstream in the market in 2015, surpassing 4- to 4.5-inch phones for the first time. IDC’s forecast is more aggressive, saying that phablets with screens above 5.5 inches will become the mainstream in the future, accounting for 36% of all smartphones in 2015.

Therefore, large-screen mobile phones have become a new battlefield for major manufacturers to compete. Huawei’s 2015 global smartphone shipment target is 100 million, focusing on increasing the proportion of mid-to-high-end machines to more than 30%. In the current situation, it is not small for Huawei.

Challenge the limits of high-end large screens

With the popularity of Huawei P7 and Mate7, Huawei mobile phones have grown rapidly in the domestic market in the past year. According to Huawei’s official statistics, the global shipment of P7 has exceeded 7 million, and the global shipment of Huawei Mate7 has exceeded 5 million, of which about 70% comes from the contribution of the Chinese market.

In this regard, Zhu Ping, president of Huawei’s consumer business in China, said in an exclusive interview with Tencent Technology: "The first half of the year in China has been well completed. In addition to the continued popularity of classic products such as Huawei Mate 7, Huawei P8 and P8Max have launched attacks as new high-end product portfolios this year. In particular, the P8Max, a 6.8-inch fashion business large-screen phone, will strive to open up new market segments in the high-end field."

According to him, Huawei’s global shipments of mobile phones in the first half of the year were 50 million. Among them, the Chinese market accounted for 50%, and sales increased by 40% year-on-year.

From a product perspective, P8Max is similar to Mate7, but the target group is different from Mate7. At present, the domestic high-end mobile phone field is still occupied by 4.7 to 6-inch screen phones, Mate7 (6-inch screen) is still within the acceptable large screen range, while P8Max is a larger crossover mobile phone. The 6.8-inch screen is a new attempt in the mid-to-high-end market.

Although this screen size is indeed beyond the norm, and even the line between it and the small-sized tablet is increasingly blurred, Zhu Ping said, "This product is indeed made because the research found that many mid- to high-end users have demand for this type of product."

"Just as the BMW X6 is a crossover product between an SUV and a sedan, the P8 Max is a segment product between a mobile phone and a tablet, focusing on high-end business people," said Yang Zhe, Huawei’s China chief executive, using an analogy to the BMW X6.

At the outset, the Samsung Galaxy Note revolutionized the large-screen market, and countless mobile phone manufacturers launched large-screen products one after another. Now it remains to be seen whether the P8Max can refresh the extra-large screen size.

Strategic transformation of Huawei’s end point

In the face of slowing growth of domestic smartphones, or even the danger of beginning to decline, Huawei’s end point relies on R & D and quality-focused strategy, and has come out of a positive cycle of driving brands with flagship phones and driving sales growth with high-quality models.

"Huawei spends 10 per cent of its annual revenue on R & D and innovation. In 2014, Huawei spent about 39.50 billion-40.50 billion yuan on R & D, an increase of about 28 per cent compared with 2013. In the past 10 years, Huawei’s R & D investment has accumulated to 188 billion yuan," Zhu Ping said.

Previously, some media said that in the past 10 years, Lenovo has invested a total of 4.405 billion US dollars in R & D costs, which is less than Huawei’s R & D expenditure last year. This comparison is enough to illustrate the importance of continued high R & D investment for product quality improvement, especially in Huawei’s self-developed chip Kirin. The continuous maturation of the chip can illustrate this point.

In 2012, Huawei began to transform from a "machine sea strategy" to a "quality-focused strategy". After 2013, Huawei began to cut off the low-end mobile phone business. In mid-2014, Yu Chengdong said again: "Relying solely on operator channels to push ultra-low-end mobile phones in large quantities is doomed to be a road of no return." Huawei P7 and Mate 7 high-end mobile phones were then introduced to the market.

Data show that Huawei’s high-end smartphones accounted for 18% of shipments last year. Among them, Mate 7 has sold more than 5 million units since its launch, and P7 has sold more than 7 million units since its launch.

Zhu Ping revealed to Tencent Technology that in 2015, Huawei continued to focus on high-quality products and broke through the mid- to high-end market, with the goal of increasing the proportion of mid- to high-end machines to more than 30%. This year, more than 20 Huawei service experience halls will be built across the country.

　　The Supreme Court held a press conference not long ago to inform the court of the relevant situation of safeguarding the legitimate rights and interests of consumers in accordance with the law, and announced 10 typical cases of consumer rights protection, 3 of which were about online shopping. At a time when online shopping is increasingly developed and online shopping disputes are also increasing, it is of great benefit to consumers to understand the Supreme Court’s judgments on typical cases of online shopping and rights protection.

　　Wang Xin v. Xiaomi

　　[Case]

　　On April 8, 2014, the advertisement published by Xiaomi Technology Co., Ltd. (hereinafter referred to as Xiaomi) on its official website showed: 10400mAh mobile power supply, special price of 49 yuan for "Rice Noodles Festival". On the same day, Wang Xin ordered the following two mobile power supplies on the website: Xiaomi Metal Mobile Power 10400mAh silver 69 yuan, Xiaomi Mobile Power 5200mAh silver 39 yuan. After Wang Xin submitted the order, he paid 108 yuan to Xiaomi Company through Alipay on the same day. On the 12th of the same month, Wang Xin received the above two mobile power supplies. Afterwards, Wang Xin sued the People’s Court of Haidian District, Beijing on the grounds that Xiaomi had committed price fraud, requesting the cancellation of the online shopping contract. Wang Xin returned two sets of mobile power supplies involved in the case to Xiaomi, and requested Xiaomi to: 1. Compensation for Wang Xin 500 yuan; 2. Refund of Wang Xin’s purchase price of 108 yuan; 3. Pay Wang Xin’s courier fee of 15 yuan; 4. Compensation for Wang Xin’s transportation, printing, and copying fees of 100 yuan.

　　[Judgment]

　　The court of first instance held that the online shopping contract involved in the case was valid, that Xiaomi’s actions did not constitute fraud, and that Wang Xin’s claim was insufficiently substantiated, so the judgment rejected his claim.

　　Wang Xin refused to accept it and appealed to the Beijing No. 1 Intermediate People’s Court, claiming that Xiaomi had advertised the original price of 69 yuan for the power supply "Rice Noodle Festival" to sell for 49 yuan a week in advance, deceiving consumers to queue up to buy. The advertisement was still there on the day of sale, but the goods were sold for 69 yuan, which constituted price fraud. The 2nd-round Moderation Court held that Wang Xin’s intention to snap up on the day of the "Rice Noodle Festival" because he agreed with Xiaomi’s advertising price of 49 yuan should be 49 yuan. However, from the order details on Xiaomi’s website, it can be seen that Wang Xin placed an order at 14:30 on April 8, 2014, and the price of the 10400mAh mobile power supply in the order was 69 yuan instead of 49 yuan. Xiaomi now acknowledges that there is an error in the display of the activity interface of Xiaomi Mall, and there is an inconsistency between the advertised price and the actual settlement price, but it interprets it as an error in the computer background system. Since Xiaomi did not make a statement to consumers on the Internet about the error in its background after the fact, and it has no evidence to prove that the computer background failed on the day of the "Rice Noodles Festival", the 2nd-round Moderation court found that Xiaomi had the intention to defraud consumers, and Wang Xin’s request for cancellation of the contract was reasonable due to the fraud of the 10400mAh mobile power supply. For the other power supply, both parties agreed to terminate the contract, and the 2nd-round Moderation court granted it. Therefore, the court ruled that Wang Xin should return the above two mobile power supplies to Xiaomi Company according to law, and Xiaomi Company should compensate Wang Xin 500 yuan, refund Wang Xin 108 yuan for the goods, and reject Wang Xin’s other claims.

　　[Comment]

　　If the seller sells goods online with price fraud and induces consumers to buy the goods, even if the quality of the goods is qualified, the consumer has the right to request the seller to "refund one to three" and guarantee compensation.

　　Li Xiaodong v. Jiuxian.com

　　[Case]

　　On August 9, 2012, Li Xiaodong bought 6 bottles of Baijiu sold by Jiuxian.com e-commerce joint stock company (hereinafter referred to as Jiuxian.com) on Taobao. The online product page described it as [Baijiu China Famous Brand 52 Degrees Wuliangye (1618) 500ml Special Price], and the transaction price was 8349 yuan. After the transaction was completed, Li Xiaodong checked the above webpage and found that the Baijiu purchased in Jiuxian.com’s Taobao store won the bidding of the product "special price and original price" equal, so he reported it to the Beijing Price Reporting Center. Afterwards, Li Xiaodong and Jiuxian Company reached a "Understanding Agreement", agreeing that the two parties would complete the return and refund procedures within 5 days after the signing of the agreement. Jiuxian Company compensated Li Xiaodong 8,394 yuan, and if one party breached the contract, it would bear 20% of the total amount of liquidated damages. Because Jiuxian Company failed to fulfill the agreement, Li Xiaodong sued to the People’s Court of Binhai County, Jiangsu Province, requesting Jiuxian Company to compensate 8,394 yuan and bear liquidated damages of 1678.8 yuan.

　　[Judgment]

　　The court under suit held that business operators should follow the principles of voluntary, equal, fair, and good faith when conducting transactions with consumers. In the course of transactions, business operators should provide consumers with true information about the goods and must not make false propaganda. In the course of online transactions in this case, Jiuxian Company misled consumers by selling special goods online. Its behavior constituted fraud and should bear legal responsibility according to law. Li Xiaodong reached an understanding agreement with Jiuxian Company in the process of claiming compensation. Because Jiuxian Company failed to perform its obligations in accordance with the agreement, its behavior constituted a breach of contract and should bear the liability for breach of contract. Therefore, Li Xiaodong’s lawsuit request for Jiuxian Company to perform its compensation obligations in accordance with the agreement complies with the law and should be supported according to law. The court ordered Jiuxian Company to pay Li Xiaodong 8,394 yuan in compensation and 1678.8 yuan in liquidated damages, totaling 10,072.8 yuan. Jiuxian Company did not appeal.

　　[Comment]

　　As a seller, there is fraud in the process of using other people’s networks to sell goods. If the seller reaches a compensation agreement with the consumer after the transaction and fails to fulfill it, the consumer has the right to request the seller to bear compensation liability in accordance with the agreement.

　　Yang Bo v. Express Company

　　[Case]

　　On March 19, 2013, Yang Bo purchased a computer worth 15,123 yuan from Fu Yingchun’s electronic business department in the form of online shopping. After placing the order, the payment and postage of 95 yuan have been paid to Yingchun. On the same day, Fu Yingchun entrusted Wulateqianqi Branch of Bayannaoer Hezhong Yuantong Express Co., Ltd. (hereinafter referred to as the courier company) to deliver the goods. The goods arrived at the delivery place on the 24th of the same month and were falsely claimed by others. To this end, Yang Bo repeatedly asked Fu Yingchun to deliver the goods unsuccessfully, and then sued the People’s Court of Wulateqianqi, Inner Mongolia Autonomous Region, requesting that the courier company and Fu Yingchun compensate 15,123 yuan for the computer payment and 95 yuan for the postage.

　　[Judgment]

　　The court held that Yang Bo purchased goods from Fu Yingchun in the form of online shopping, and paid the payment and postage to Fu Yingchun. Fu Yingchun, as the shipper, entrusted the courier company to deliver the goods to Yang Bo, forming the online shopping contract relationship and the transportation contract relationship respectively. From the perspective of the respective rights and obligations of the parties, in the online shopping contract, Yang Bo has paid the payment and postage through online banking, fulfilled the consumer’s payment obligation, and Fu Yingchun, as the seller, has the obligation to deliver the goods to Yang Bo according to the contract. Although Fu Yingchun has handed over the goods to the courier company for shipment, during the transportation process, the courier company’s staff handed over the goods to others for receipt without verifying the identity information of the other party during delivery. The seller Fu Yingchun has not completed the delivery obligation of the goods, which constitutes a breach of contract. Therefore, Yang Bo’s request for Fu Yingchun to compensate 15,123 yuan for the paid computer payment and 95 yuan for the postage should be supported. According to the principle of relativity of the contract, the contract only binds the parties to the contract. The courier company mistakenly handed over the goods to others, which belongs to the transportation relationship between Fu Yingchun and the courier company. The courier company should not be liable for compensation in this case, so Yang Bo’s request that the courier company should be liable for compensation is not supported. The court ordered Yingchun to compensate Yang Bo 15,123 yuan for the computer payment and 95 yuan for the postage. None of the parties appealed.

　　[Comment]

　　If the consumer claims that the seller and the deliveryman share the liability for compensation for the goods purchased online by others during the delivery process, the seller shall be liable for compensation according to the principle of relativity of the contract.